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    The Common Crop (COMBO) Policy

    Vincent Smith, James Johnson and, John Hewlett (July, 2012)
    Summary

    Beginning with the 2011 crop year, the United States Department of Agriculture’s (USDA) Risk Management Agency (RMA) introduced an initiative to combine and simplify crop insurance. RMA released the Common Crop Insurance Policy Basic Provisions and related Crop Provisions as the insurance policy basis for crop insurance coverage. The new policy is widely described as the COMBO Policy because it explicitly combines APH revenue and APH yield insurance in one general policy and creates a single APH revenue program for each of the commodities that are eligible for APH-based revenue coverage.

  • Details

    Organization
    Risk Management Agency
    Publisher
    Agricultural Marketing Resource Center
    Published
    July, 2012
    Material Type
    Written Material